Armstrong World Industries, Inc. has announced a secondary public offering of 10,057,382 common shares of the company held by The Armstrong World Industries, Inc. Asbestos Personal Injury Settlement Trust (the "Trust") and Armor TPG ...
Tags: Construction, Decoration
Foreign insurance giants have cast eye on the Chinese vehicle insurance market in succession. Hubei Biocause Pharmaceutical Co., Ltd. (SZSE: 000627), a shareholder of Tianping Auto Insurance Co., Ltd., said in a statement on September ...
Tags: Vehicle Insurance, Service
Lancashire Holdings’ proposed plan to acquire Cathedral Capital Limited, a privately owned Lloyd's insurer, in an all-cash deal worth £266m, has been approved by its shareholders. The transaction, originally signed on 7 ...
Tags: Lancashire Holdings, insurer
China's Shuanghui International has announced that the Committee on Foreign Investment in the United States (CFIUS) has approved its proposal to acquire Smithfield Foods. Smithfield and Shuanghui International also received governmental ...
Tags: Smithfield Foods, Food
A consortium in partnership with Qemmet El-Iraq will overhaul and manage the 2 MTPA Muthanna Cement Plant in Muthanna Governorate on 14-year contract. A consortium of ASEC Cement, a portfolio company of ASEC Holding, and Iraq s Qemmet ...
Tags: ASEC Cement, Iraqi Market
Google's Android will command 90 per cent of the smartphone operating system market in the next five to 10 years, according to Jon ‘Maddog' Hall, the executive director of Linux International, a non-profit organisation of IT ...
Tags: Android, Smartphone Market
Trident Limited, the flagship Company of Trident Group announced the laying of foundation stone of two spinning units and a sheeting unit in Budhni, MP. The Company will install 1.76 lacs spindles and 500 looms with an investment of Rs. ...
Tags: Trident Limited, Weaving Capacity
Investment fund Starboard Value LP, one of majority shareholders of the largest US pork producer Smithfield Foods (SFD), planned to vote against the merger between SFD and Shuanghui International Holding, said foreign sources. Starboard ...
Tags: Agriculture, shuanghui, Food, pork
Dragon Life Insurance Co., Ltd. reaped premium revenue of CNY 7.086 billion in the first seven months of this year, according to the China Insurance Regulatory Commission (CIRC). Dragon Life sees a positive premium revenue growth since ...
G-III Apparel Group, Ltd. announced operating results for the second quarter of fiscal 2014. For the quarter ended July 31, 2013, G-III reported that net sales increased by 21% to $304.2 million from $251.5 million in the year-ago period. ...
Tags: Apparel Group, Apparel
Braskem, the largest producer of resins in the Americas, in response to the letter received from the Brazilian Securities and Exchange Commission (CVM), seeking clarification on the report in the Valor Econômico newspaper about its ...
Tags: Cotton Bales
Tech companies are hanging onto record amounts of cash, and industry watchers want to see more of it reinvested in the companies or distributed to shareholders. FactSet, a financial research firm, tallied all the cash and marketable ...
Tags: Computer Products, software, webservice
Microsoft is to acquire Nokia's Devices & Services business, which includes the smartphone and mobile phones businesses, and license the Finnish company's patents for a total of €5.44 billion (US$7 billion) in cash, the companies said ...
Tags: Microsoft, Nokia, Mobile Phones Business, Smartphones
Dongfeng Motor announces at August 30 that the business revenue in the first half year reaches 10.079 billion RMB, up by 1.21% year on year; and a net profit of 43.18.5 million RMB belongs to listed company's shareholders, down by 54.86% ...
Tags: Transportation, Motor
Microsoft is to buy Nokia's mobile phone business and license its patents in a deal worth $7.2bn (£4.6bn). Further reading Nokia whacked by another downgrade – Moody's rates Nokia four notches below investment grade Microsoft ...
Tags: Microsoft, Nokia, Mobile Business